Vizient announces expanded membership agreement with Geisinger

Sept. 20, 2021

Vizient, Inc. announced that Geisinger, headquartered in Danville, Pennsylvania, has selected Vizient as its strategic partner after completing an extensive, formal review process. In addition, the partnership will include advisory resources aimed at helping them achieve their savings and performance improvement goals.

Programs include Vizient’s Group Purchasing Organization (GPO) programs, which include the pharmacy sourcing program and the Novaplus private-label program, to better manage pharmaceutical costs and medical/surgical supply costs. It will also begin integrating several analytics solutions into its cost management and clinical-supply integration strategies including: Vizient Savings Actualyzer for supply and pharmacy data insights, and the Vizient Clinical Database (CDB) to create a sustainable partnership between supply chain and clinicians that improves care delivery and financial performance cost. This partnership will help drive better patient outcomes, growth and increase operational efficiencies.

Vizient has experts in purchased services, construction, and physician preference items to improve clinical alignment and cost performance across its acute and non-acute facilities. Additionally, the Vizient Clinical Data Base helps engage physicians in utilization and supply choices, as well as the Vizient Operational Data Base for comparative operational and financial insights.

Vizient press release

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